Markets prepared for a drop in Eurozone Industrial Production in May - TD Securities

By FXstreet.com | Updated July 30, 2014 AAA

FXStreet (Łódź) - Prashant Newnaha, Asia-Pacific Macro Strategist at TD Securities expects Eurozone Industrial Production to fall by 1.6% in May.



Key quotes



"This is a bit below market expectations for -1.2%."



"We don’t expect much market reaction as after downside surprises in Germany, France, and Italy, so it’s already widely understood that May was a bad month for European manufacturing activity."



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    EUR/USD makes fresh 5-week lows in Asia

  2. Forex News

    Euro’s Hope Lies in ECB’s Economic Projections, Not in Greece

  3. Forex News

    Weekly Trading Forecast: Expect Heavy Seas Between NFPs, ECB and RBA

  4. Forex News

    Trading Video: Expect Volatility for the Dollar, Equities, Euro...Everything

  5. Forex News

    FX CFTC report - TDS

Trading Center